Paramount Private Estate Baldivis
Purchasing Your Land in Baldivis

Purchasing Your Land in Baldivis

To finalise the purchase of your chosen homesite at Paramount Private Estate Baldivis, you will need to:

• 1. Complete an Offer and Acceptance Contract with your Spatial Property Group Sales Representative.
• 2. Provide your finance pre-approval letter.
• 3. Provide your settlement agent’s details.
• 4. Handover a $1,000 deposit that will be held in a Trust Account until settlement is finalised.

 

The Buying Process

The offer and acceptance process involves the buyer making a formal offer in writing to buy a property, and the seller, making a counter-offer, rejecting the offer, or accepting it.

On acceptance, you will have a standard contract for sale of land in place and will move on to meeting the financial conditions of that contract.

As part of the financial conditions you will need to provide a letter stating you have finance pre-approval. You will also need to provide details for your settlement agent who will arrange for your $1,000 deposit to transferred into a Trust Account until settlement is completed.

Your settlement agent will help you navigate the buying and settlement process. They will file necessary legal documentation for the transfer of land and contract of sale.

 

Considerations When Buying Land in Baldivis

• Hire a trusted settlement agent. Transferring the title for the land is a complex process. Having a reliable and appropriately qualified settlement agent by your side can help you save time, stress and effort.
• Financing. When buying land, be sure to consider all of your finance options and get expert advice from a trusted finance broker or representative. A finance professional can guide you through the process of calculating how much you should borrow and on what terms. They will also guide you through the pre-approval financial process.
• Block of land. Find the best block of land based on your home design, budget, size, location, and lifestyle. The Paramount Baldivis team is on hand to advise you of the best options available to you.

Buying land can be exciting and overwhelming at the same time. If you are ever unsure of the process, feel free to ask us at Baldivis, or your finance or settlement agent.

We look forward to welcoming you to our beautiful Baldivis community – a perfectly positioned, master-planned community with shopping centres, schools and colleges, community centres, and recreation facilities on your doorstep.

 

 

Visit the Department of Commerce for further information about land sales contracts:

https://www.commerce.wa.gov.au/consumer-protection/real-estate-contracts-sale-offer-and-acceptance

Visit Landgate for further information about buying and selling property:

https://www.landgate.wa.gov.au/for-individuals/property-ownership/survey-services

Download brochure – “Sale by offer and acceptance”:

https://www.commerce.wa.gov.au/sites/default/files/atoms/files/salebyofferandacceptance.pdf